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$STX 4Q15 Call: For 3Q15, Seagate is planning for revenue of approx. $2.9-3.1Bil and expects margins to be relatively flat. As of July 31, 2015, STX has redeemed approx. 14.5MM shares of stock quarter-to-date & is on pace to exit 3Q15 with less than 300MM shares outstanding, returning over $900MM to investors through dividend and share redemptions.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?